Long-Term Compensation Plan and Stock Based Compensation |
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| Share-Based Payment Arrangement [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Long-Term Compensation Plan and Stock Based Compensation | Long-Term Compensation Plan and Stock Based Compensation Under the OneSpan Inc. 2019 Omnibus Incentive Plan, the Company awards restricted stock units subject to time-based vesting, restricted stock units which are subject to the achievement of future performance criteria and restricted stock units that are subject to the achievement of market conditions. The Company also awards a small amount of cash incentive awards under the 2019 Omnibus Incentive Plan, as shown in the table below. During the six months ended June 30, 2025, the Company awarded 0.3 million restricted stock units subject to time-based vesting. The fair value of the unissued time-based restricted stock unit grants was $5.1 million at the dates of grant and the grants are being amortized over the vesting periods of to three years. During the six months ended June 30, 2025, the Company awarded restricted stock units subject to the achievement of service and future performance criteria, which allows for up to 0.3 million shares to be earned if the performance criteria are achieved at the target level. The fair value of these awards was $5.7 million as the dates of grant and the awards are being amortized over the requisite service period of to three years. The Company currently believes that approximately 100% of these shares are expected to be earned. The following table summarizes total compensation expense for the three and six months ended June 30, 2025 and 2024:
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